17-Dec-21 08:30

Dr Veerinderjeet Singh, Chairman, Tricor Malaysia Singapore

The government is introducing new laws aimed at enhancing tax compliance and collection procedures via the new Section 106A of the Income Tax Act. The amendments allow the Inland Revenue Board to obtain taxpayers' bank account details for review or investigation under certain circumstances without notice. How do these changes affect Malaysian taxpayers? We discuss the implications with tax expert Dr Veerinderjeet Singh. Image credit: Shutterstock.com